When utility customers are billed during the year,the enterprise fund journal entry will include:

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When utility customers are billed during the year, the enterprise fund should record a debit to Customer Accounts Receivable, as this represents the amount owed to the utility by the customers. Sales of Water should not be debited, as this is a revenue account and should only be debited when the water is actually consumed by the customers. Cash - Restricted should not be debited at this time, as the enterprise fund has not yet received payment from the customers.

When Utility Customers Are Billed During the Year,the Enterprise Fund